VERY IMPORTANT, PLEASE READ CAREFULLY!!

Watts Auction Realty Appraisals Inc. Terms & Conditions

Before you attempt to bid on any Watts Auction Realty Appraisals Inc. online or live auction. Be sure to read these terms over carefully.
By registering for our auctions you are considered to be entering into a legally binding contract. Once you bid, you will be bound legally by the following terms and rules that are hereby stated:

Terms:

SALE ANNOUNCEMENTS: ANNOUNCEMENTS THE DAY OF THE SALE TAKE PRECEDENCE OVER ALL PRINTED
MATTER AND ADVERTISING.

TERMS:
10% DEPOSIT MUST BE SETTLED ON SALE DAY.
ON OR ABOUT A 30 DAY CLOSING FROM AUCTION DAY.
FULL SETTLEMENT MAY BE BY CASH, CASHIER’S CHECK OR COMPANY/PERSONAL CHECKS, OR FINANCED AT CLOSING. 
POSITIVELY NO EXCEPTIONS.
ALL CHECKS SHOULD BE MADE PAYABLE TO WATTS AUCTION ESCROW.
NO SALE IS CONTINGENT ON FINANCING IN ANY WAY SHAPE OR FORM AND IF FINANCING FALLS THROUGH, BUYERS ARE STILL REQUIRED TO PURCHASE THE PROPERTY.
IN THE EVENT OF DEFAULT ON THE BUYER'S PART, BUYERS WILL LOSE THEIR DEPOSIT.
IF PLANNING TO FINANCE, CALL ONE OF OUR AUCTIONEERS PRIOR TO SALE DAY.
PROPERTY IS BEING SOLD ACCORDING TO COUNTY RECORDS
PROPERTY WILL CONVEY WITH A GENERAL WARRANTY DEED

BIDDING:
IN CASE OF A TIE BID, AUCTIONEER RESERVES THE RIGHT TO REOPEN THE BID BETWEEN THOSE TWO
BIDDERS. AUCTIONEER RESERVES THE RIGHT TO REVOKE ANY BID CARD AT ANY TIME. ANYONE BIDDING FOR AN
ACCOUNT OTHER THAN THEIR OWN MUST OBTAIN A SEPARATE BID NUMBER FOR THAT ACCOUNT.

BUYER’S PREMIUM:
A 10% BUYER’S PREMIUM WILL BE CHARGED TO BIDDER FOR EACH ITEM.

NO WARRANTIES:
ALL SALES ARE AS-IS, WHERE-IS, AND WITH ALL FAULTS. BIDDER HAS HAD THE OPPORTUNITY TO INSPECT THE PROPERTY AND BIDDER AGREES TO SOLELY RELY ON HIS INSPECTION.
ALL SALES ARE FINAL.
BIDDER WILL NOT BE ENTITLED TO ANY ADJUSTMENT, ALLOWANCE, DAMAGES, OR ANY OTHER REMEDY REGARDING THE CONDITION OF THE PROPERTY PURCHASED.
ALL DESCRIPTIONS ARE CONSCIENTIOUSLY DESCRIBED BY
THE SELLER AND AUCTION COMPANY, HOWEVER, NEITHER ASSUME ANY LIABILITY FOR ERRORS OR OMISSIONS.

AUCTION SITE:
ALL BIDDERS AT THE AUCTION SITE ARE THERE AT THEIR OWN RISK. BIDDER AGREES THE AUCTION SITE IS POTENTIALLY DANGEROUS.
REGARDLESS OF CAUSE, AUCTIONEER OR ITS AGENTS WILL NOT BE RESPONSIBLE FOR ANY INJURY TO ANYONE AT AUCTION SITE.

RISK OF LOSS:
ONCE AUCTIONEER ACCEPTS THE HIGHEST BID, THE PROPERTY IS THEN SOLD.
RISK OF LOSS FOR THE PROPERTY RESIDE WITH THE SELLER UNTIL CLOSING.

INTERNATIONAL BUYERS: 
MUST HAVE A WIRE TRANSFER TO US WITHIN 3 BUSINESS DAYS AND EMAIL A PROOF OF FUNDS SHEET TO RICH@WATTSARA.COM BEFORE THE SALE!!
NO ITEMS WILL BE RELEASED UNTIL PAYMENT IS MADE IN FULL! NO EXCEPTIONS!
CALL OUR AUCTIONEERS FOR SPECIAL ARRANGEMENTS PRIOR TO SALE DAY!
A $20 WIRE TRANSFER FEE WILL BE ATTACHED FOR ALL DOMESTIC WIRE TRANSFERS
A $60 WIRE TRANSFER FEE FOR ALL INTERNATIONAL WIRE TRANSFERS
ALL BUYERS WILL BE RESPONSIBLE FOR THEIR OWN SHIPPING, TAXES, AND ANY OTHER FEES ASSOCIATED WITH PURCHASE & SHIPPING.

ALL INFORMATION CONTAINED HEREIN IS TRUE AND CORRECT TO THE BEST OF OUR KNOWLEDGE BUT IS IN NO WAY
GUARANTEED AS TO THE ACCURACY OF DESCRIPTION MADE. EVERYTHING WILL BE SOLD AS-IS, WHERE-IS,
WITHOUT WARRANTY AS TO USEFULNESS OR MERCHANTABILITY.

THIS IS AN ONLINE AND LIVE SALE SIMULTANEOUSLY BEING COORDINATED.

WE APPRECIATE YOUR BUSINESS AND WANT TO MAKE YOUR AUCTION EXPERIENCE A GOOD ONE.